2402 W Turner RdLodiCA95242
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Lodi at 2402 W Turner Rd, Lodi, CA, 95242 listed at $298,000 pairs $2,089/mo rent with a $1,459/mo payment to leave $245/mo cash flow. Total monthly income runs $2,089/mo, and annual cash flow reaches $2,941/yr on $98,787 cash to close. Return on cash invested measures 22.89% in year one, and rental yield registers 8.41% at a $298,000 basis. Equity gained on principal adds $1,923/yr, and annual property appreciation at 5% supports $82,332 by year five. Five-year ROI tracks 118.85% and total cumulative return in cash totals $117,404. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,089/mo property income relative to a $1,459/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1971
679.54 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95242, Lodi, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,694 (100%) |
| Owner Occupied HU | 7,970 (68.2%) |
| Renter Occupied HU | 3,306 (28.3%) |
| Vacant Housing Units | 418 ( 3.6%) |
| Median Home Value | $632,083 |
| Average Home Value | $662,626 |
Housing Distribution
Address Breakdown
Residential
11,586
Single Family
10,713
Multi-Family
873
Businesses
511
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Listed by: Marty Hackworth • HOMWRX
Mls Name: MetroList Services of CA
Mls ID: #225146123